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ATHE

Alterity Therapeutics has presented new data on its lead drug candidate, ATH434, at the Society for Neuroscience. The data could potentially impact the company's stock as it reflects progress in the drug's development.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:26 pm

BRC

Brady Corporation (NYSE:BRC) reported Q1 adjusted earnings per share (EPS) of $1.00, surpassing the analyst consensus estimate of $0.93 by 7.53% and marking a 19.05% increase from $0.84 per share in the same period last year. However, the company's quarterly sales of $331.98 million fell short of the consensus estimate of $340.92 million by 2.62%, though they did represent a 2.92% increase from $322.57 million in the prior year's quarter.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:25 pm

ZS

Rosenblatt analyst Catharine Trebnick has maintained a Buy rating on Zscaler (NASDAQ:ZS) and increased the price target from $185 to $225 as reported on November 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:21 pm

ELTK

Eltek (NASDAQ:ELTK) reported Q3 earnings of $0.36 per share, surpassing the consensus estimate of $0.31, a 111.76% increase from the previous year. However, sales of $11.86M fell slightly short of the $11.90M estimate, though they were up 14.85% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:19 pm

CLIR

HC Wainwright & Co. analyst Amit Dayal has reiterated a Buy rating on ClearSign Technologies (NASDAQ:CLIR) and maintained a price target of $6. The reaffirmation of the Buy rating and price target suggests a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:19 pm

AY

CWEN

HE

Three utilities stocks with high dividend yields have been rated by Wall Street's most accurate analysts. Hawaiian Electric Industries (HE) has a dividend yield of 11.31% but was downgraded by Wells Fargo and B of A Securities with a price target of $8.5. Atlantica Sustainable Infrastructure (AY) offers a 9.40% yield, with JP Morgan maintaining a Neutral rating and B of A Securities upgrading it to Buy with a $32 target. Clearway Energy (CWEN) has a 6.94% yield, with Oppenheimer maintaining an Outperform rating and B of A Securities upgrading it to Buy, with a price target of $34.

Portfolio Pulse from Lisa Levin

November 16, 2023 | 12:18 pm

PLCE

Children's Place forecasts an adjusted EPS of ($0.59) to ($0.39) for FY23, which is significantly below the estimated $0.9. This indicates a potential downturn in the company's financial performance for the year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:18 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has yet to begin production of the new generation Tesla Roadster, six years after its unveiling. Originally promised for 2020, the latest update suggests production will start by the end of next year. Tesla is taking reservations for the Roadster with a $5,000 credit card payment and a $45,000 wire transfer, both refundable. The Roadster is Tesla's all-electric supercar, claimed to be the fastest production car ever made at the time of its announcement.

Portfolio Pulse from Anan Ashraf

November 16, 2023 | 12:17 pm

WMT

Walmart's CFO, Rainey, reported a significant drop in sales in the last two weeks of October, according to a Bloomberg interview. This news comes despite Walmart recently raising its profit outlook but maintaining a cautious stance on U.S. consumer spending.

Portfolio Pulse from Charles Gross

November 16, 2023 | 12:17 pm

PLCE

Children's Place has increased its FY23 revenue guidance from the range of $1.575 billion - $1.585 billion to a new range of $1.605 billion - $1.610 billion, which is in line with the analyst estimate of $1.610 billion.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:16 pm